business news

30 Jul 2021
--- This week in nutrition news, Bioiberica received certification for its Corporate Social Responsibility (CSR) management system, which aligns with the UN sustainable development goals (SDGs). Meanwhile, Nestlé launched... Read More
26 Jul 2021
--- Ingredients by Nature (IBN) has acquired the Sytrinol brand, which uses compounds in citrus peel and palm fruit extracts to support heart health. IBN will now explore the synergistic combination of its clinically backed... Read More
26 Jul 2021
--- Azelis is entering into a new distribution agreement with SPI Pharma, a pharmaceutical solutions supplier for formulation marketers. Azelis will distribute SPI Pharma’s product line in the UK and Ireland.The deal is... Read More
23 Jul 2021
--- This week in nutrition news, ProBiotix Health and Inscobee entered into a deal to distribute CholBiome nutraceuticals. Meanwhile, FederSalus and Fondazione Giovanni Lorenzini signed an agreement to contribute scientific... Read More
22 Jul 2021
--- Her1 has closed a series A investment round of €5.5 million (US$6.5 million), which will help the female wellness brand grow in Europe. The Germany-based company, which focuses on natural and plant-based ingredients,... Read More
21 Jul 2021
--- A “difficult” infant nutrition market in Asia and a Thai court case has put pressure on FrieslandCampina’s profits for the first half of 2021.“The Asian infant nutrition market is difficult because of... Read More
16 Jul 2021
--- This week in nutrition news, BASF and Glanbia both released preliminary financial results. Also, Netherlands-based Royal DSM is moving its head office from Heerlen to Maastricht. Meanwhile, Calanus, a Norwegian biomarine... Read More
16 Jul 2021
--- The Natural Products Association (NPA) is welcoming new draft legislation from the US Senate that directs the Food and Drug Administration (FDA) to set an upper limit for a safe daily consumption level of CBD products.... Read More
15 Jul 2021
--- A new partnership has been formed to address the ongoing issues with adulteration in the dietary food supplements space.
15 Jul 2021
--- Belgian natural ingredients processor Cosucra is receiving €10 million (US$11.8 million) in a bond issue to strengthen its chicory and pea protein production capacity. The current investment comes from The... Read More
14 Jul 2021
--- Comet Bio has closed its series C funding round at US$22 million, which will allow the company to invest in a dedicated manufacturing facility to grow the supply of its upcycled ingredients, including prebiotic dietary fiber... Read More
13 Jul 2021
--- Spanish biotechnology company AlgaEnergy has signed an investment agreement with Caixa Capital Risc and CDTI to strengthen its position in the microalgae sector. The subsequent capital increase will be used to finance the... Read More
09 Jul 2021
--- Symrise has launched its first processed probiotic dedicated to oral health. SymReboot OC has proven efficacy in strengthening gums and promoting a healthy oral microbiome. It can be used in various products, including... Read More
09 Jul 2021
--- US-based supplement specialist Pharmavite has acquired urinary health brand Uqora in efforts to expand the “underserved” women’s health market. The acquisition will grow the reach of Uqora’s urinary... Read More
08 Jul 2021
--- Chr. Hansen has published its Q3 2020/21 financial results, reporting an overall 8 percent organic growth, but 0 percent organic growth in its Health and Nutrition segment. This was “as expected” due to higher... Read More
08 Jul 2021
--- Kerry Group is acquiring Biosearch Life for €126.9 million (US$150 million) to expand its portfolio of health ingredients, such as probiotics and omega 3s. The move will further boost Kerry’s capabilities within... Read More
07 Jul 2021
--- UK food manufacturer Samworth Brothers is closing its sports nutrition business Sci-Mx Nutrition due to “several years” of loss-making. “The sports nutrition sector has changed dramatically over the last... Read More
06 Jul 2021
--- Swedish probiotics company Probi is investing approximately NZ$9 million (US$6.4 million) in newly issued shares in Blis Technologies, a New Zealand probiotics company. Blis has clinically documented bacterial strains to... Read More
02 Jul 2021
--- The North American food manufacturing sector is ushering in “abundant opportunity for prebiotics,” including functional food. Speaking with NutritionInsight, Doug King, senior sales manager North America at... Read More
01 Jul 2021
--- Sports nutrition company Kaged Muscle is introducing Lonza’s probiotic ingredient, designed exclusively for sports nutrition, in the US.